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Pro-growth policies
EDITORIAL: Prime Minister Shehbaz Sharif has called for a shift from stabilization to pro-growth policies with a focus on exports, productivity, employment and technology. While many may consider his call to be a very tall order yet in economic theory growth can promote exports, productivity and employment; however, the operative word is ‘can’ because appropriate macroeconomic policies are required to jumpstart growth. Finance Minister Mohammad Aurengzeb stated in Karachi the same day that Pakistan’s economy is moving in the right direction and outlined six priorities aimed at consolidating ma...
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